OUE hires CIMB, OCBC, StanChart to manage $600m IPO

Other banks to be tapped soon.

According to a report by Reuters, CIMB, Oversea-Chinese Banking Corp and Standard Chartered Plc were hired to manage OUE Commercial REIT's initial public offering of about S$600 million ($482.4 million), IFR reported on Wednesday, citing sources familiar with the deal.

Other banks will likely be added to the group handling the IPO, set to take place early in 2014, said IFR, a Thomson Reuters publication.

Read full report here.

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